The Reserve Bank of India (RBI) will be issuing guidelines within two months for the fintech companies to test their new products on a small group of users before scaling up. This regulatory sandbox will help fintech companies to launch innovative products at a lower cost and in less time and enable fintech companies to … Read More →
Why RBI governors need a longer tenure: The outgoing governor of the Reserve Bank of India (RBI), Raghuram Rajan, recently told a parliamentary committee that a three-year term for the central bank chief is not sufficient. As India is moving to a new rules-based monetary policy framework, it is perhaps also time to put an … Read More →
What is the role of recovery agents? How do they operate? What are the rules and regulations they have to abide by? What is the role of the RBI in the recovery process? As a layperson, you probably haven’t a clue, but could well find yourself in their net one day! Read on to keep … Read More →